U3 Outcome 1

Which of the following organisations does NOT (or is least likely to) meet the criteria to be classed as a Large Scale Organisation?
1. Collingwood Football Club
2. Australia Post
3. National Bank
4. BHP Billiton
Pick the odd answer which has no connection to the term "TRANSNATIONAL"
1. Multinational
2. Globalisation
3. GM Holden
4. Australian Bureau of Statistics
A Mission Statement
1. Is just another name for a Vision Statement
2. States the purpose or function of the organisation and its objectives
3. Is a published document
4. Outlines the characteristics of a Large Scale Organisation and the strategies it intends to implement during the next year
Which of the following is NOT used to define or measure a Large Scale Organisation?
1. Sales Turnover
2. Market Capitalisation
3. More than 200 employees
4. Multinational organisation
Which of the following is most likely to be a Large Scale Organisation?
1. A Private Company
2. A Partnership
3. GBE
4. A Sole Proprietorship
The size of a business organisation can be measured by:
1. Growth in output per annum
2. Dollar sales per annum
3. The number of functions or departments in the organisation
4. Its Vision Statement
The ASX:
1. Lists all Large Scale Organisations
2. Lists only Large Scale Organisations
3. Includes all listed public businesses floated (trading) on the Stock Exchange
4. Lists all companies trading in Australia
Which of the following is a GBE?
1. The Ministry of Defence
2. The Victorian Police Force
3. The Salvation Army
4. Medibank Private
Which of the following is NOT a function a manager would be responsible for in a large organisation?
1. Marketing
2. Research and Development
3. Human Resources (Personnel)
4. Corporate Objectives
Which of the following can be classed as an Economy of Scale
1. Preferential treatment by Government
2. Higher tax rates
3. Lower tax rates
4. Globalisation
Disadvantages of large organisations include:
1. The earning of export revenue
2. Being viewed as heartless and self seeking
3. Language difficulties because they operate as multinationals
4. They do not assist by reducing unemployment in Australia
Economies of scale can lead to increased profits for large companies because:
1. They can do competitive deals on their advertising
2. They can buy inputs for their production processes more cheaply
3. They can affort to undertake extensive research on both markets and the products they produce
4. All of the other three responses
Large organisations assist Australia's Balance of Payments because they:
1. Produce goods and services for export
2. Import supplies of inputs for use in Australia
3. Are well advised of the company tax laws of different countries
4. Have the flexibility to move their production facilities overseas
Which of the following is part of the "internal environment" of a large organisation?
1. The level of global conflict
2. Company policy on equal opportunity and staff training
3. Regulations on accounting standards and the conduct of audits
4. Competitors
Select the FALSE statement about organisational environments
1. The internal environment consists of those activities that take place under the control of the organisation.
2. The external environment includes both the operating and macro environments.
3. Globalisation is impacting on the macro, operating and internal environments of large organisations.
4. The factors in the macro and operating environments do not affect organisational performance.
What are the two layers of the external environment of a large organisation?
1. Micro environment and Macro environment
2. Internal environment and Macro environment
3. Macro environment and Operating environment
4. Operating environment and Micro environment
Which would be a satisfactory Performance Indicator for Industrial Relations?
1. Level of wastage
2. Net Profit for year
3. Level of absenteeism
4. Holiday bonuses for all staff
Which of the following is NOT a performance indicator?
1. Change in the number of stages in the production process.
2. Change in the number of objectives in the vision or mission statement.
3. Change in the number of defective units produced per 1000 units of production
4. Change in the electricity use to produce 1000 units of production
Which of the following is not a necessary characteristic of a key performance indicator (KPI)?
1. Financial (expressed in dollar terms)
2. Known (as an objective)
3. Measurable (numerical value possible)
4. Achieveable (realistic)
Effectiveness differs from efficiency because:
1. Effectiveness relates to the amount of time, cost and effort put into achieving objectives
2. Efficiency is a measure of quality relating to how well the organisation has achieved its objectives
3. Both efficiency and effectiveness can be used to evaluate the performance of management
4. Effectiveness is "doing the right thing" whereas Efficiency is "doing things right"
Select the correct statement about shareholders and stakeholders:
1. All shareholders are stakeholders and all stakeholders are shareholders.
2. All shareholders are stakeholders and some stakeholders are shareholders.
3. Some shareholders are stakeholders and all stakeholders are shareholders.
4. All shareholders are stakeholders and both are owners.
Which of the following statements best describes ethical behaviour by management?
1. Absolute commitment to generating profit for shareholders
2. Maintaining good relationships with employees and other managers in the organisation
3. Applying a sense of right and wrong to business and organisational situations
4. Relying on market conditions to signal to management the types of decisions that can be made

U3 Outcome 1

Quiz